English Wikipedia - The Free Encycl...
Download this dictionary
Oil boom
An
oil boom
is a
boom
in the
oil producing
sector of an economy. Generally, this short period initially brings economic benefits, in terms of increased
GDP growth
, but might later lead to a
resource curse
.
See more at Wikipedia.org...
© This article uses material from
Wikipedia
®
and is licensed under the
GNU Free Documentation License
and under the
Creative Commons Attribution-ShareAlike License